Category Archives: Other Topics

Euro exchange rate

Major trend is down for the euro
Major trend is down for the euro

Euro 3-Year chart

In six months, Goldman Sachs thinks the euro will reach parity with the US dollar.

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Long-term chart for the euro

Long-term chart for the euro

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“We are all students of the market.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

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Gold 3-year weekly chart

Break for gold below support of 1200
Gold chart showing the break below major support of 1200

Gold 3-Year Weekly Chart

The technical negatives for gold:

  • Major,intermediate and near-term downtrends
  • Trading below the 200-day and 50-day moving averages
  • Break below major support of 1200

Why? I usually leave this to the talking heads.

  • Rise in the US$
  • Rise in interest rates as per the 10-Year US Treasury
  • The Fed will raise interest rates sooner then later
  • No perceived need for a safe haven play at the present time

Reference the last chart analysis for gold.

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“We are all students of the market.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Chart showing the ratio of WTI to Brent

Price of WTI closed today at 81% of Brent
Chart showing the ratio of  WTI to Brent

WTI/Brent 3-Year Chart

Reference the last chart for WTI/Brent

Oil retreats as rising U.S. inventories continue to weigh

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“We are all students of the market.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

High mutual fund fees could delay retirement plans

As much as 11 years

High mutual fund fees could cause Canadians to delay their retirement by as much as 11 years or else leave them with 40 per cent less money for their retirement, says a report from the Canadian Centre for Policy Alternatives.

The think-tank published the report on Tuesday as Canadians were going through their annual tradition of trying to decide where to invest money before the RRSP deadline on March 2.

Link to the story…………….

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“We are all students of the market.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Chart showing the ratio of WTI to Brent

Price of WTI closed today at 84% of Brent
Chart showing the ratio of WTI to Brent

WTI/Brent 3-Year Chart

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“We are all students of the market.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Copper chart analysis

Intermediate trend is down for copper
Intermediate trend is down for copper.

Copper 6-Month Daily Chart

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Major trend is down for copper
Major trend is down for copper

Copper 3-Year Wekly Chart

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“We are all students of the market.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

Brent Crude chart analysis

6.83% pop for Brent on Friday to close above 50
Brent Crude closed above 50 on Friday.  The key question? Can it hold above 50.

Brent Crude Daily Candlestick Chart

The key points from the above chart for Brent:

  • The major trend is down
  • The intermediate trend is down
  • The near-term trend is sideways
  • 50 was a key resistance point for Brent
  • Brent needs to hold above 50 for a couple of days
  • If Brent holds above 50, this will be the support reference point

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And the view from the weekly chart for Brent
Three year weekly chart for Brent showing the close above 50.

Brent Crude 3-Year Weekly Chart

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“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

WTI/Brent Spread – 3 Year Chart

WTI closed today at 96% of Brent price

WTI and Brent differential

Reference the same chart published on May 6, 2014——————–

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“Always trade in the direction of the major trend”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca